Trump is already undermining the strong economy he inherited. - ThreadSky

simonwdc.bsky.social • 180 days ago

Trump is already undermining the strong economy he inherited.

FITCH: “.. This is a Fed that is inherently acknowledging the possibility of inflationary government policies in 2025.”

#FOMC 🇺🇸

Comments

grapegrabber54.bsky.social•180 days ago

The economy is strong??

locksmithprime.bsky.social•180 days ago

He will wreck it, and die. Or go away. And we will be left with the scraps to fix.

raywoodson5.bsky.social•180 days ago

“Not quite as sure on the direction of policy as they were three months ago.” Gee I wonder what happened…

arrasando83.bsky.social•180 days ago

And it won’t matter to the idiots who voted for him because they’ll be told it was Biden, Obama, Clinton, democrats, immigrants, soros, space monkeys, etc who did this 24/7 on entertainment channels anyways

dugganpubs.bsky.social•179 days ago

You forgot drones and Jewish space lasers.

arrasando83.bsky.social•179 days ago

True

notmw2.bsky.social•180 days ago

$100 says that trump will blame the fed when things start to go south, AND use that as an excuse to also eliminate the fed and take it over.

lori4242.bsky.social•179 days ago

too safe a bet.

jalex32x.bsky.social•179 days ago

Crazy people want to eliminate the Fed. The bond market on the other hand will hire as many assassins as needed to stop them.

proteccmeg.bsky.social•180 days ago

Rude awakening incoming

ernestscott.bsky.social•180 days ago

I view this statement as an acknowledgment of Trump’s incompetence.

progpk.bsky.social•180 days ago

📌

mojosaam.bsky.social•180 days ago

Say goodbye to your money.
The market will crash and the dollar will devalue.
It’s a feature and not a bug.

Trump will get his retribution against the America people.

chadeverett.bsky.social•180 days ago

He'll take credit for it till he breaks it and then blame Biden and his lemmings will eat it like tapioca.

simonwdc.bsky.social•180 days ago

Trump has been running around last 4 years saying all sorts of crazy shit. In a month he'll become POTUS, and it's likely he'll try to implement much of what he promised. Won't be "locker room talk" anymore but deeply destructive policies that will do enormous harm to US.

https://bsky.app/profile/simonwdc.bsky.social/post/3lde37cdft22y

kilocharlie237.bsky.social•180 days ago

Nothing wrong with locker room talk.
Many Americans will be living in them during the next 4 years. And boy, will they be talking.

rjhall.bsky.social•180 days ago

Just wait until he clashes with the Federal Reserve or precipitates some bank failures

alvie2.bsky.social•180 days ago

Agreed !

mojosaam.bsky.social•180 days ago

Trump will get his retribution against the America people.

https://www.barrons.com/amp/articles/trump-taxes-trade-tariffs-dollar-crisis-bonds-9c1a4c60

darthfos.bsky.social•180 days ago

Foreign leaders may play nice to try & reduce the damage but I am more than happy to call him an a-hole.

simonwdc.bsky.social•180 days ago

And Elon is trying to literally burn the US govt and economy down right now. These guys are wrecking balls not responsible leaders of something we used to call the Republican Party.

https://bsky.app/profile/simonwdc.bsky.social/post/3ldm4l2ipfs24

sirala6.bsky.social•180 days ago

It's very funny to think the Fed Govt will be gutted and it won't affect the economy! At least 25% off the Dow Jones, easy.

nlcoombe.bsky.social•180 days ago

Ffs

joecgiles.bsky.social•180 days ago

Wonder if the wrecking ball is going to include the Treasury defaulting.

timharbert.bsky.social•180 days ago

for the love of country, consider selling any investment holding tsla shares. it is down 8 percent today.

therebelbase.bsky.social•180 days ago

We’re the side of creation and they’re the side of destruction. It’s a tale as old as time.

simonwdc.bsky.social•180 days ago

A MAGA hero falls and threatens to take others with him:

https://bsky.app/profile/kaylan.bsky.social/post/3ldlzaastfk2z

andreagill5.bsky.social•180 days ago

I thought he already resigned

reduxstl.bsky.social•180 days ago

dissentinator.bsky.social•178 days ago

I’m listening… 😂

scirocker.bsky.social•180 days ago

Hahaha! God, I hope he does this.

simonwdc.bsky.social•180 days ago

Serious and long overdue questions about Musk's interactions with hostile foreign governments are now being raised:

https://bsky.app/profile/simonwdc.bsky.social/post/3ldjose35cs2g

msdavinci.bsky.social•180 days ago

What’s in it for trump now that he’s about to become president? He’ll have the power of the us government to keep Elmo in line. Regardless of other interests, trump wouldn’t want Elmo allying with anyone who’d then challenge his power. He’s selfish like that.

adriana1o5.bsky.social•180 days ago

People with obvious weaknesses don’t last long in Trumps orbit. Elon, if he had any social skills perception AT ALL, would be nervous about this. But he doesn’t. So he keeps saying stupid shit.

His time is short.

danamasse.bsky.social•180 days ago

Musk only answers to Putin.

simonwdc.bsky.social•180 days ago

Markets, CEOs and perhaps soon the American people waking up to the insanity Trump and Musk want for the country.

https://bsky.app/profile/noviefort.bsky.social/post/3ldmeykgxdc2t

beeaditude.bsky.social•180 days ago

What an idiot.

calleycat.bsky.social•180 days ago

Republicans who actually know what "Democracy" or the "Constitution" is are hard to find, though most are screaming and acting like dramatic artists over the words.

nancyb2474.bsky.social•180 days ago

He is President Musk, Simon. 😉 Pass it on to drive Trump nuts.

auntieranty.bsky.social•180 days ago

Stock market is only down 1100 today. They’re doing great.

lokeren.bsky.social•180 days ago

cant au him either. forces Ukraine to negotiate?

reschap.bsky.social•180 days ago

Among many things, this is exactly what we all feared about Musk.

truth2pwr.bsky.social•180 days ago

I have an additional theory. I was foreign exchange student to S.Africa 67-68. Still have friends there. Ever since apartheid went down (which the US pressure FROM LIBs helped happen) it has never been the same for white S. Africans. Could this be Musk's revenge on US Libs for doing that?

andrewgebert.bsky.social•180 days ago

The pattern of resentment and revenge seems similar.

norcalbob.bsky.social•180 days ago

That's why he told *ucker Carlson, "If Trump loses, I'm going to prison."

andrewgebert.bsky.social•180 days ago

The more people refer to Elon as co-president, the sooner and more entertaining the inevitable falling out will be.

stablegeniusliberal.com•180 days ago

I don't care if half those exposed are on the democratic side. I'd be happy to see them go.

bradsteffen.bsky.social•180 days ago

🍿🍿🍿

kaylan.bsky.social•180 days ago

And we’re all like “okay, go for it”🤣

dogsincali.bsky.social•180 days ago

Agreed! I wish he would.

stablegeniusliberal.com•180 days ago

This predates Elon and Trump. I've been describing this as "burning the country down to collect the insurance money" for years now.

arabellaspireship.bsky.social•180 days ago

It’s a daylight robbery to
privatize our economy and all our resources.
One billion dollars for a national park.

alisonkcarter.bsky.social•180 days ago

True, but it’s what 49% of America voted for. I just wish the other 48% didn’t have to suffer trump voters stupidity.

mcolvinmckenzie.bsky.social•180 days ago

But happily he is very lazy

johnlouiseisenberg.bsky.social•180 days ago

Trump Has The "FECAL" Touch, EVERYTHING He's Ever Touched Turns To SHIT!

philipaubin.bsky.social•180 days ago

Aren't interest rate increases only successful in fighting inflation that is caused by overheated investment or wages (or borrowed money) being spent in the economy? Inflation caused by tariffs should be unaffected by rate increases & the expected tariff driven recession will instead need rate cuts.

justksmith.bsky.social•180 days ago

The Fed is helping Trump.

jamoke2024.bsky.social•180 days ago

I don't get it. Trump is going to get rid of inflation on day 1. Why wouldn't the Fed cut interest rates more aggressively next year? Is Powell just trying to piss off trump? Hasn't he heard of the word, groceries? My God, does he not believe trump will cut the price of eggs? Weird. Seems unreal. 😉

babyjesuscries4us.bsky.social•180 days ago

archiemom.bsky.social•180 days ago

I hope you are being sarcastic because there is no way you could be that naive.

jamoke2024.bsky.social•180 days ago

Yes, winking face emoji indicates I'm joking. Only maga folk are that naive. 😁

kiwaldo.bsky.social•180 days ago

He felt he had to hit the ground. Running, rolling, splattered, just hit that ground hard.

chickenlady.bsky.social•180 days ago

And switching off the Government

heavycritters.bsky.social•180 days ago

It's so he can tank it and blame it on Biden while he fleeces anyone dumb enough.

mdenger15.bsky.social•180 days ago

The absence of any coordinated Dem message to this gives me zero confidence the party is up to the challenge ahead. Trump didn't hesitate to claim every market gain after the election was credited to his win and the anticipation of his policies. Where the hell is the D party with the counterpunch?

lori4242.bsky.social•179 days ago

The Dems are not made for real streetfighting (non-violent, of course). Great values, terrible strategies (if any).

jalex32x.bsky.social•179 days ago

Consider the following: the R are a single party, single message. Top down and they follow orders (usually from Murdoch or Trump).

D’s are a collection of political entrepreneurs with lots of alternative voices. Who is the main spokesperson? Who coordinates a message? Obama, Harris, Bernie, Newsom

lori4242.bsky.social•177 days ago

Correct. Dems are big tent, diverse but all leaning towards civil liberties and supporting Americans' essential needs. The Rs have it easier. Still, the Dems have to figure this out. They have the $ to do so. This admin did so much. Why don't voters hear and believe that?

ceehizzle.bsky.social•180 days ago

Bringing a spork to a nuclear war, as usual.

justice3406.bsky.social•180 days ago

Destroying Obama's economy wasn't enough for Trump, now he's going after Biden's.

2020womenandbeyond.bsky.social•180 days ago

Putin wants to destroy America. Trump is his puppet.

spectorhairday.bsky.social•180 days ago

And Musk is his strings.

lori4242.bsky.social•179 days ago

exactly right. wild sad ride ahead. Nice to know you, America. No faith that people will understand....since Americans don't seem to like to read or learn history.

sailormoon78.bsky.social•180 days ago

Blame Biden is the plan!

buddylove81.bsky.social•180 days ago

He will just blame trans people and immigrants, that well is never dry for him and his legion of moronic bigots

festivus1.bsky.social•180 days ago

Of course he is.

grunteledboomer.bsky.social•180 days ago

👍🤢

cartwright776.bsky.social•180 days ago

There needs to be a mutiny.

dugganpubs.bsky.social•179 days ago

Tell us more.

cartwright776.bsky.social•179 days ago

To phrase what someone else stated: I can't believe how right Ayn Rand was.
In her words, "The question is not who is going to allow me, the question is who is going to stop me?"

If we don't actually stop these people, they will ceaselessly take from us.

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